The Articles of Confederation did not allow taxes to be collected, as well as not establishing a national bank, which left the nation in debt.
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Rather than seeing unbalanced government budgets as wrong, Keynes advocated so-called countercyclical fiscal policies that act against the direction of the business cycle. ... Monetary policy could also be used to stimulate the economy—for example, by reducing interest rates to encourage investment.
1859 - Natural Selection - Charles Darwin wrote “On the Origin of Species by Means of Natural Selection, or the Preservation of Favored Races in the Struggle for Life
1865 - Heredity Transmitted in Units - Gregor Mendel’s experiments on peas demonstrate that heredity is transmitted in discrete units. The understanding that genes remain distinct entities even if the characteristics of parents appear to blend in their children explains how natural selection could work and provides support for Darwin’s proposal.
1869 - DNA Isolated - Frederick Miescher isolates DNA from cells for the first time and calls it “nuclein
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James Fenimore Cooper (1789-1851) was a prolific American writer who spent most of his life in Cooperstown, New York, near a lake surrounded by the Iroquois of the Six Nations. Cooper crafted a unique form of literature writing historical romances about frontier and indian life. He joined the U.S. Navy after being expelled from Yale after a prank in which he blew up a student's door. He wrote historical novels known as The Leatherstocking Tales.
